Reagan-era adviser to speak at UGA

Posted: Sunday, February 11, 2007

Arthur B. Laffer, a supply-side economist who served on President Reagan's Economic Policy Advisory Board, will present a lecture on the state of the U.S. economy since 1980 at 3:30 p.m. Wednesday in the University of Georgia Chapel.

Laffer in the 1980s popularized the Laffer curve, which asserts that in certain situations a decrease in tax rates could result in an increase in tax revenue.

One of his earliest successes in shaping public policy was his involvement in Proposition 13, the groundbreaking California initiative that drastically cut property taxes in the state in 1978.

Today, Laffer is the founder and chairman of Laffer Associates, an economic research and consulting firm that provides global investment-research services to institutional asset managers, pension funds, financial institutions and corporations.